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Decentralized Decision Making Flashcards, test questions and answers

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We've found 9 Decentralized Decision Making tests

Decentralized Decision Making Prices Are Rising Slowly And Carefully
Macroeconimics HW 1 – Flashcards 20 terms
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Shelby Arnold
20 terms
Decentralized Decision Making Decision Making Formal And Informal Leadership Line And Staff Linguistics Nursing Top Level Managers
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Brenda Gannon
50 terms
Decentralized Decision Making Macroeconomics Is The Study Of Microeconomics Is The Study Of
Economy 201 – Flashcards 233 terms
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Marvel Brown
233 terms
Centralized Decision Making Decentralized Decision Making Human Resource Planning Management National Labor Relations Board Organizational Psychology Unfair Labor Practice
Management Ch. 3 Organizing – Flashcards 80 terms
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James Storer
80 terms
Decentralized Decision Making Economics Money Supply And Interest Rates Principles Of Economics: Macroeconomics
Econ- Chap.1 – Flashcards 111 terms
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Lisa Currey
111 terms
Decentralized Decision Making Economics Macroeconomics Is The Study Of Microeconomics Is The Study Of
Econ 2105 Review GPC – Flashcards 49 terms
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Judith Simpson
49 terms
Business Management Centralized Decision Making Cross Functional Team Cross Functional Teams Decentralized Decision Making Full Time Employees Management Strategic Business Units Teamwork And Collaboration Top Down Approach
chapter 3 fundamentals of organization structure – Flashcards 62 terms
Marlon Riddle avatar
Marlon Riddle
62 terms
Business Law Decentralized Decision Making Individual Decision Making International Business Low Power Distance
intl mktg ch 5 – Flashcards 14 terms
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Jaxon Wilson
14 terms
Decentralized Decision Making High Context Cultures Individual Decision Making Low Context Culture Low Power Distance Marketing Principles Of Marketing
Transnational MKTG Ch 5;6 – Flashcards 16 terms
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Jamie Hutchinson
16 terms
9. What is the type of mechanism that answers the basic economic questions through a decentralized decision making process? A) Market system B) Dictatorship C) Command and control D) Mixed economic system
A) Market system
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A staff member verbalizes his satisfaction in working on a particular nursing unit because he appreciates the freedom of choice and responsibility for the choices. This nurse highly values which element of decentralized decision making? a. Responsibility b. Autonomy c. Accountability d. Authority
ANS: B Autonomy is freedom of choice and responsibility for the choices. Responsibility refers to the duties and activities that an individual is employed to perform. Accountability refers to individuals being answerable for their actions. Authority refers to legitimate power to give commands and make final decisions specific to a given position.
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decentralized decision making Adjust to change the marketplace Producers and consumers have control of the economy
Market
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Describe the elements of centralized and decentralized decision making and the purpose of each.
In a centralized management structure, senior managers generally make decisions. Those further down in the hierarchy of the organization are often responsible for implementing decisions into which they had little input. In a decentralized management structure, on the other hand, decisions are made by those who are most knowledgeable about the issues being decided. Nurses are thus intimately involved in decisions concerning patient care.
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